White House, CPSC Oppose CPSC Overhaul Bill

Law360 (October 30, 2007, 12:00 AM EDT) -- Despite the recent onslaught of news about unsafe consumer products, both the White House and the Consumer Product Safety Commission on Tuesday argued against legislation that would give regulatory watchdogs more power and money.

A new Senate bill, co-sponsored by Sens. Mark Pryor (D-Ark.) and Daniel Inouye (D-Hawaii), would boost maximum levels of fines, add more staff and increase transparency for the badly burdened CPSC.

Among other provisions, the bill would increase the commission's authorized funding by 58% to $141.7 million over the next seven years,...